Inflation in the eurozone countries could exceed 7% in 2022 as a result of the impact that the war in Ukraine has on energy and food pricessaid this Thursday the president of the European Central Bank (ECB), Christine Lagarde. Average inflation will probably be around 5.1%added Lagarde, who predicted, however, that the medium-term objective of […]
Tag: ECB
ECB revises upwards its inflation forecasts in 2022 to 5.1%
Updated on 03/10/2022 04:36 pm The European Central Bank (ECB) has notably revised upwards its forecasts for inflation in 2022 to 5.1% from the 3.2% forecast it made in December. The president of the ECB, Christine Lagarde, said this Thursday at a press conference that “the Russian-Ukrainian war will have a material impact on economic […]
ECB reviews debt purchase schedule due to Russian invasion of Ukraine
The European Central Bank (ECB) stated that the Russian invasion of Ukraine is a turning point and therefore has decided to review the schedule of debt purchases for the coming months. After the meeting of the Governing Council, the ECB reported in a statement that it will end the debt purchases due to the pandemic […]
The European Central Bank anticipates more inflation and uncertainty due to the crisis in Ukraine
The European Central Bank (ECB) anticipated that there will be a rise in inflation, which will be specified in figures on March 10, and more uncertainty in the old continent as a result of the rise in energy prices due to the Russian invasion of Ukraine. Although the president of the ECB, Christine Lagardeconsidered “premature” […]
ECB believes that the war will bring more inflation and more uncertainty
The European Central Bank (ECB) considers “premature” Evaluate the economic impact of the Russian invasion of Ukraine, but anticipates that there will be a rise in inflation, which will be specified in figures on March 10, and also more uncertainty. However, the president of ECBChristine Lagarde, assured, during the meeting of finance ministers of the […]
Panicked ECB Fights to Regain Control of Markets
As guardians of price and financial market stability, the last word central bankers want to be associated with is “panic”. Yet that is precisely the term used by two of the world’s leading observers. European Central Bank (ECB) to describe the message transmitted by the president of the entity, Christine Lagard, since opening the door […]
Market adjusts bets to end negative ECB rates in 2022
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Traders and economists aligned their positions on eurozone monetary policy, with both groups now forecasting that the European Central Bank (ECB) will end seven years of negative interest in 2022. Money markets priced around 50 basis points higher for December on Friday, suggesting the deposit rate will rise to zero from -0.5% today. Analysts at […]
Banks expect ECB rate to be at 0% by the end of the year after last meeting
Updated on 02/04/2022 09:52 am Investment banks advanced their forecasts for increases in interest rates by the European Central Bank (ECB), after an aggressive turn by the entity that opened the door to the possibility of increasing borrowing costs this year. With inflation in the euro zone at an all-time high in January, the president […]
ECB: Lagarde does not stop market expectations of rate hikes in 2022
The president of the European Central Bank (ECB), Christine Lagarde, maintained the markets’ expectations of a rise in interest rates in 2022. The Governing Council confirmed today at its meeting the monetary policy decisions approved in December. But Lagarde has recognized that the situation has changed and has not closed the door to a rise […]
Five surprising things about the euro
Do two cent coins have a future? Why go on a pilgrimage to Spijkenisse (Holland)? Can Estonian crowns be changed? Here are some unknown aspects of the euro, which is celebrating its twentieth birthday. National currencies All national currencies that preceded the euro they did not disappear. Only in Berlin and in the neighboring region […]